1637 CENTER Street

Tacoma, WA 98409

  • 1 Bed

  • 1 Bath

  • 6000 SqFt

  • 46 DOM

  • Built: 1970

  • Status: Pending

$849,950

X

1637 CENTER Street

Tacoma 98409

Pending
Pending
Pending
Pending
Pending
Pending
Pending
Pending
Pending
Pending
Pending

$849950

  • 1 Bed

  • 1 Bath

  • 6000 SqFt

  • 46 DOM

  • Built: 1970

  • Status: Pending

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Srinivas Kasam

CEO & Founder

(650)533-3259

This property is 3 different lots. There is a tri-plex with 3 rental units, with rents of $4625 per mo. There is a home behind the tri-plex which rents for $1750 per mo. and another home behind that home that rents for $1950. in addition, there is a vacant lotto the East that is approx. 100 ft. and 40 feet in Center Street. There is a gross scheduled rental income of $99,900 at current rents which are low. The expenses of taxes @ $4260, sewer is $12,000 per year, and insurance of $3461. Tenant pays for their own water and electrical. Property is currently managed for the absentee owner. if you manage yourself, it can be a great investment with good cash flow. (9% cap rate at present.) Contract available.

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